Nevada Canyon Gold Corp. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 13, 2026, reporting financial results for both the three and nine months ended on that date.

Key Highlights

  • Quarterly net loss: The company reported a net loss of $723,563 for the three months ended September 30, 2026, compared with $1,546,728 for the same period in 2025.
  • Nine-month net loss: For the nine months ended September 30, 2026, the net loss was $1,598,165, down from $2,794,115 in the comparable 2025 period.
  • Cash position: Cash stood at $4,122,314 as of September 30, 2026, compared with $5,455,294 at December 31, 2025.
  • Total assets: Total assets were $7,094,648 as of September 30, 2026, versus $8,367,870 at December 31, 2025.
  • Accumulated deficit: The accumulated deficit reached $14,053,296 as of September 30, 2026, up from $12,455,131 at December 31, 2025.
  • Shares outstanding: As of November 13, 2026, the company had 28,593,327 shares of common stock outstanding at a par value of $0.0001 per share.
  • Mineral property interests: Mineral property and royalty interests were carried at $2,815,395 on the balance sheet as of September 30, 2026.

Nevada Canyon Gold's Third-Quarter 2026 Financial Position and Operating Results

According to the filing, Nevada Canyon Gold Corp. (trading symbol NGLD, with no exchange listed on the cover page) is a Nevada-incorporated smaller reporting company focused on mineral property and royalty interests, with its principal offices in Reno, Nevada. The company reported total operating expenses of $779,387 for the three months ended September 30, 2026, a significant reduction from $1,632,612 in the same quarter of 2025. The largest single operating cost line for the quarter was exploration expenses at $598,455, followed by director and officer compensation at $102,494.

For the nine-month period ended September 30, 2026, the company disclosed total operating expenses of $1,727,009, compared with $3,010,512 for the nine months ended September 30, 2025. Other income for the nine-month period included interest income of $111,580 and a fair value gain on equity investments of $18,598, partially offsetting the operating loss. The company carried an investment in an equity security valued at $108,209 as of September 30, 2026, up from $89,611 at December 31, 2025.

The stockholders' equity section of the filing shows total stockholders' equity of $5,805,505 as of September 30, 2026, down from $6,965,740 at December 31, 2025. Stock-based compensation to officers and directors for the nine months ended September 30, 2026 totaled $360,152, while stock-based compensation to consultants totaled $77,778 over the same period, according to the statements of cash flows. The net loss per common share on a basic and diluted basis was $0.03 for the third quarter of 2026 and $0.06 for the nine months ended September 30, 2026.

What Was Disclosed

Nevada Canyon Gold Corp. disclosed condensed consolidated financial statements for the quarter and nine months ended September 30, 2026, showing a reduced quarterly net loss year-over-year, a cash balance of $4,122,314, total assets of $7,094,648, and an accumulated deficit of $14,053,296.